KCB’s investment in technology pays off
KCB Group invested in innovation leading to the development of new digital solutions. A 2018 comprehensive upgrade of the platform is paying off as it drives efficiency and deepened accessibility [...]
Perils of digital lending
When digital lending was first introduced in Kenya in November 2012 through M-shwari, a collaboration between Commercial Bank of Africa (CBA) and Safaricom, its main aim was to be used [...]
Eaagads AGM Set for 25th September
EAAGADS Limited has set Wednesday, 25th September 2019 as the date for their Annual General Meeting at Eaagads Estate, Eaagads Limited, White Sisters Road, off Thika-Mang’u Road, Thika, at 11:00 [...]KCB revises Timetable for NBK take-over offer
The offer to swap NBK shares for KCB Group shares will close on 30 August 2019 at 5 pm. The KCB Group will seek requisite corporate and regulatory approvals for [...]Equity Group's Finserve future uncertain after Key managers quit
Equity Group is considering separating its Finserve Africa business from the main business. This follows the resignation of two key managers in the company. According to an insider's opinion, Finserve's [...]Director of New X-TIGI technology charged with tax evasion amounting to KSh194 million
A Chinese national, Mr. Gao Fei, was on Tuesday charged at the Milimani Law Courts for tax evasion amounting to approximately Ksh194 million. Mr. Gao Fei is the director of [...]NSE posts 82% drop in mid-year profits to KSh 24 million
The Nairobi Securities Exchange has recorded a massive decline in the half-year results from a net profit of KSh134 million in June 2018 to KSh24 million in June 2019. The [...]
Nation Media Group half-year profits down 24% to KSh403 million
Nation Media group’s net profits dipped by 24 percent to KSh403 million in the first half of 2019, from KSh529 million reported in a similar period in 2018. The weak [...]NEMA shuts down Daima milk plant over environmental pollution
The environmental protection body, NEMA, has closed down Daima milk processing plant and 4 other factories over violations of the Water Quality Regulations Act of 2006. Daima is part of [...]Recruitment of new Director-General at CA put on hold
The Employment and Labour Relations court has stopped the recruitment of a new director-general at the Communications Authority of Kenya until there is a board in place. The Employment and [...]Octagon pension launches a digital pension scheme focused on youth and the informal sector
Octagon Pension Scheme has launched a new innovative digital pension scheme to give workers in the informal sector a platform to save for their retirement. The product dubbed MOBIKEZA allows [...]EACC investigations may drag Airtel-Telkom union
Investigations by the Ethics and Anti-Corruption Commission on the Airtel-Telkom merger could stall the deal. On August 14, EACC sent a letter to CA requesting suspension of the deal to [...]
